Sole Mandate Agreement for Agents
- R250.00 buy template only.
An estate agent wanting to obtain a sole and exclusive mandate from a seller to advertise and market a property for sale can make use of this agreement.
√ Attorney approved √ Practical points considered
Example uses of this document:This Sole Mandate Agreement helps to protect the estate agent against the loss of commission and advertising costs in situations where the seller tries to avoid paying commission, eg. by selling the property directly to a buyer during the sole mandate period. This template calls for pertinent personal details about the seller and the property. It also sets out the selling price for the property, as well as the commission payable, and prohibits a seller from appointing any other estate agent to market and sell the property for the duration of the mandate period.
- When an estate agent obtains a sole and exclusive mandate from a seller to advertise and market a property for sale.
Agreement contents
- Period of appointment
- Agent’s duties
- Owner’s right to sell
- Minimum selling price
Draftsman
This document was written for Agreements.org by a Senior Attorney (Admitted in the High Court) with more than 18 years’ experience. It complies with current South African law.